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GLD

SPDR Gold SharesClose $437.13EOD only
Max Pain
$430.00
Next expiry Apr 13, 2026
Expected Move
±$6.55
1.5% from close
Price Gap
-7.13
Distance to max pain
IV Rank
0
Low premium
P/C OI
0.56
Slightly call-heavy
Consensus
5.5/10
Consensus signal
Published snapshot: Apr 10, 2026 close
End-of-day snapshot

This page reflects GLD options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Apr 10, 2026 close
GLD AI Consensus Report
Analysis based on market close April 10, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Conviction
5.5

out of 10

5.5 because dealer gamma/pinning provides a tangible structural support that enables premium-selling strategies, but conviction is capped by clear offsets — persistent negative net premium, mixed institutional flow, and concentrated short-dated expiries that can unwind quickly. Without an upcoming catalyst, the edge exists but is fragile, so score sits mid-high rather than high.

Where Perspectives Agree

Collectively the personas agree the near-term bias is neutral-to-bullish with a dealer-driven pin around the $437–$443/$440 neighborhood; the market structure favors defined-risk premium selling that works while the pin holds.

Where They Diverge

Flow and directional views conflict on underlying intent: directional treats the pin as a balance that will keep price elevated, while flow indicates institutional selling of calls and negative net premium that can undercut that pin and create one-way downside prints; theta wants to sell premium into the pin but is worried the negative net premium and mixed institutional flow raise the chance of a fast unwind that defeats short-dated sells.

Top Trade
via theta

Sell 2026-04-17 $430/$425 put spread for a net credit (defined-risk premium sell) — expected small credit.

Key Risk

A daily close below $425 removes the dealer pin support and flips hedging dynamics — institutional sellers can accelerate downside and price would likely slide toward the next structural support near $415 within sessions, invalidating the pin/premium-selling thesis.

Read the AI Analyst Consensus for GLD for 2026-04-10. This synthesis report combines directional, theta, flow, and earnings perspectives into one conviction view with setup, trigger, and invalidation context.